Increasing Adoption of RFID Tags to Increase Global RFID Market Growth

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SAN FRANCISCO, CALIFORNIA, USA, Sept. 14, 2022 /EINPresswire.com/ โ€”

Global RFID Market, By Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) โ€“ Size, Share, Outlook and Opportunity Analysis, 2018-2026

This research has been divided into categories, end users, applications and regional markets. Major industries and companies operating in it are profiled in the market study on the RFID market. so that the research users can understand how the major market players are still succeeding in the industry. It provides details on news, new product launches and mergers and acquisitions of players that can help in the development of effective business plans.

โœ… ๐—š๐—ฒ๐˜ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜†: https://www.coherentmarketinsights.com/insight/request-sample/1739

โฉ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„:

RFID (Radio Frequency Identification) is a form of wireless communication that uses tags to track the details of objects. RFID tags use radio frequency to search, identify, track and communicate with people or objects. Additionally, RFID tags store valuable information ranging from serial numbers to a short description and even data pages. RFID uses electromagnetic waves to automatically identify and track tagged objects attached to luggage, packages and/or other items with a hard or plastic cover. RFID has many benefits for both businesses and consumers. Besides improving security and tracking systems, RFID tags can track and monitor products inside a warehouse. Moreover, RFID helps in increasing data security against cyber threat, which helps in controlling data loss and securing data from unauthorized access.

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The major players operating in the global RFID market are- The industry is marked by the presence of numerous global vendors, such as Alien Technologies, Honeywell International, Inc, NXP Semiconductors, Inc, Smartrac NV, and Zebra Technologies. Other prominent players include RFID4U, Tibco Software, Mojix, Inc, Impinj, Inc, and TIBCO Software, Inc.

โฉ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐˜๐—ต๐—ฒ ๐—ฅ๐—™๐—œ๐—— ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ:

The following table lists segments of the RFID market research study that are geography (country), company, type, and application specific. The study provides detailed information on new products, local investments and market investments. The market study on the RFID market tracks new developments and fashions. The analysis also takes into account the most recent market dynamics, such as driving and unfavorable factors, as well as business news such as mergers and acquisitions and investments. This study of current market trends is provided for each of the sub-segments from 2022 to 2030.

On the basis of PDU Types, the global Radio Frequency Identification (RFID) market is segmented into:
โ€ข Basic PDUs
โ€ข Metered PDU
โ€ข Intelligent power distribution unit
โ€ข Switched PDUs
โ€ข Others

On the basis of Application, the global radio frequency identification (RFID) market is segmented into:
โ€ข Bank
โ€ข Financial services and insurance
โ€ข Energy
โ€ข Government
โ€ข Health care
โ€ข Telecom and IT
โ€ข Others

On the basis of regions, the global radio frequency identification (RFID) market is classified into:
โ€ข North America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Latin America
โ€ข Middle East
โ€ข Africa

โœ… ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ โ€“ https://www.coherentmarketinsights.com/insight/request-discount/1739

โฉ ๐—ž๐—ฒ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€:

Rising demand or adoption of RFID by various end-use industries is expected to contribute to the growth of the RFID market over the forecast period. RFID tags can be used in various end-use industries, such as retail, healthcare, aerospace, defense, logistics, manufacturing, and government, among others. For example, in August 2020, Fresenius Kabi launched RFID smart tags for a range of essential medications frequently used in the US operating room. The smart tag allows hospitals to automatically identify, locate and manage their inventory.

Additionally, increasing installation of RFID tags in manufacturing units to improve productivity amid COVID-19 is expected to increase the growth of the RFID market. For example, in February 2022, RFID tag provider SML RFID announced the addition of four new features to its Clarity suite of software applications to help retailers emerge from COVID-19 related shutdowns, as well as to enable an efficient supply chain and inventory. management for retailers affected by the outbreak of COVID-19 (global pandemic).

โฉ ๐—ฅ๐—™๐—œ๐—— ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น (๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—ฝ๐˜‚๐˜, ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ, ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐—–๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐—ถ๐—ฒ๐˜€ ๐—–๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐—ถ๐—ฒ๐˜€):

Each regional market segment is researched and analyzed in the market research in light of the significant scope of the regional market. The study also provides a comprehensive assessment of key information related to import, export, development, demand and consumption.

๐Ÿ“Œ ๐—ง๐—ต๐—ฒ ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐˜€ (US, Canada)

๐Ÿ“Œ ๐—”๐˜€๐—ถ๐—ฎ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ (China, Japan, India, South Korea, Australia, Indonesia, Others)

๐Ÿ“Œ ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ (Germany, France, UK, Italy, Spain, Russia, Others)

๐Ÿ“Œ ๐—ฆ๐—ผ๐˜‚๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ (Brazil, Mexico, Others)

๐Ÿ“Œ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—ฎ๐—ป๐—ฑ ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ๐—ป

โฉ ๐—–๐—ข๐—ฉ๐—œ๐——-๐Ÿญ๐Ÿต ๐—œ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€:

The emergence of COVID-19 has tremendously affected the growth of the RFID market. The COVID-19 pandemic has not only impacted the operations of various RFID companies, but has also affected the activities of their partners and/or distributors. However, the healthcare industry is leveraging RFID technology to better manage patient and employee safety during the COVID-19 pandemic. This in turn is expected to increase the growth of the market.

โฉ ๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€:

The RFID market is expected to exhibit a CAGR during the forecast period owing to government policies promoting digital development. For example, in August 2021, Indiaโ€™s South Delhi Municipal Corporation (SDMC) required commercial vehicles to wear RFID tags to enter the nationโ€™s capital. Now, for commercial vehicles, the toll tax can only be paid through RFID tags or systems.

Among the regions, North America, Europe and Asia-Pacific are expected to experience robust growth in the RFID market owing to growing implementation of RFID tags, increasing acceptance of RFID tags, increasing adoption of Industry 4.0, IoT and smart manufacturing, supportive government policies and the outbreak of COVID-19 in these regions.

For example, in September 2020, Avery Dennison announced the launch of the RAIN AD-332u8 RFID inlay which excels in high density and proximity conditions and can be used for inventory accuracy and supply chain management. supply.
Additionally, in September 2021, Nedap NV announced the launch of the Nedap iD Cloud platform, an integrated suite of SaaS solutions specifically designed for RFID technology.

โœ… ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ ๐—ง๐—ผ ๐—•๐˜‚๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐—–๐—ผ๐—บ๐—ฝ๐—ฟ๐—ฒ๐—ต๐—ฒ๐—ป๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.coherentmarketins.com/insight/buy-now/1739

โฉ ๐—ž๐—ฒ๐˜† ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—”๐—ป๐˜€๐˜„๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:

(1) The RFID market study provides detailed data on market size, revenue and industry analysis.

(2) How will the market size and growth rate increase by the end of the projected period?

(3) What are the key trends encouraging the development of the global RFID market?

(4) What are the key findings from the SWOT analyzes of the key companies in the RFID market?

(5) What risks and growth opportunities are the major competitors in the market facing?

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—–๐—ผ๐—ต๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜ ๐— ๐—ฏ๐—ฟ๐—ธ๐—ฒ๐˜

Coherent Market Insights is a global market intelligence and advisory organization, focused on helping our plethora of clients achieve transformational growth by helping them make critical business decisions. Our head office is in India, we have offices in the worldโ€™s financial capital in the USA and sales advisers in the UK and Japan. Our client base includes players from various industries in more than 32 countries around the world. We are uniquely positioned to help businesses around the world achieve practical and lasting results through a variety of recommendations on operational improvements, technologies, emerging market trends and new ways of working. We are proud to serve clients across the length and breadth of the horizon, from Fortune 500 companies, to non-profit organizations and start-ups looking to establish a foothold in the market. We meticulously study emerging trends in various industries globally and regionally to identify new opportunities for our clientele.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€

Mr Shah

Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, USA

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Coherent Market Insights Pvt. ltd.
+ +1 206-701-6702
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